It took me 4 months to increase my Fico score between 71 to..
I'm excited, all the advice, daily credit pulls, paying down cc bills, and patience has paid off. My fico scores have increased tremendously by following the advice and guidelines we all talk about here in the forums. I have taken hits in the name of increasing the score in the long run, so when they say you are going to lose points you do, as well as when they say you gain points you do.
Here is the short version of the journey:
(Then) Feb '07 (Now)
TU 478 623 + 145
EX 533 604 + 71
EQ 475 589 + 114
The long version with monthly updates is listed at:
Re: It took me 4 months to increase my Fico score between 71 to..
Thanks to All for your support!
Like they say everyone's credit file is unique. What I had that was holding me down was 10 cc that were completely maxed out. By reading and utilizing the info that the contributors here had posted I paid down my cc to an overall credit util of approx 27% from >90%. This proved to be drastic.
Also, backing up a little, I had some old collection accounts age to 7 and/or was removed. Dead weight/monkey offback type of stuff.
First and foremost on those 10 cc the oldest is approx 5 years old and all the payments with the exception of one or two times for 1 or 2 accounts were never late! High util, but again never late for me was key.
So for someone with a similar profile paying down maxed cards was key.
Now I am testing another theory which is the effects of inquiries and new accounts on a fico score both the short and long term effects.
BTW if this isn't your credit profile give us a little more specifics to see what suggestions we can offer you to get you improved scores!